Christopher Wood News

While it’s wet and chilly in New York today, it got up to almost 100 degrees Fahrenheit in Bangkok. Still, there was a cold, dark cloud over Christopher Wood’s head as he sized up the state of financial markets from the Thai city.

A volatile rupee and downgrades in earnings estimates are the biggest risks to Indian equities amid a slowdown in the nation’s economic growth, according to CLSA Asia-Pacific Markets equity strategist Christopher Wood.

Minutes after tycoon Ratan Tata abandoned a two-year quest to build the world’s cheapest car in West Bengal over farmer protests, he got a text message from the frontrunner to be India’s next leader: “Welcome to Gujarat.”